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406/158 Ocean Drive

Miami Beach FL 33139

1
400 sq. ft.
Other
Currently for sale - view listing

Overview

Location, Location, Location. Studio on iconic Ocean Drive in the highly desirable South of Fifth neighborhood. Ideally located just steps from world-class dining, nightlife, shopping, parks, and directly across from the beach. The building offers covered parking, with spaces available for rent through the HOA, and has recently completed its 40-year recertification. No pets permitted. An excellent income-producing opportunity, the unit is currently rented for $1,800/month. The building allows rentals immediately after purchase; short-term rentals and Airbnb are not permitted. The owner is also offering an additional unit in the building for sale, providing a potential opportunity to acquire multiple units. Showings are available Monday through Friday, 10:00 AM–6:00 PM, with 24-hour notice. Please contact the owner/agent to schedule.

Features

1 bathroom
400 sq. ft. floor area
Other

Property history for 406/158 Ocean Drive

2026
Rented
Undisclosed
03 Jan 2026 by BZG International, LLC
2024
Rented
Undisclosed
01 Sep 2024 by BZG International, LLC
2022
Rented
Undisclosed
29 Jul 2022 by LEO Realty, Inc.

Happy sellers in Miami Beach

91%
91% of sellers in Miami Beach reported that their sale price either exceeded or met their price expectations.

Miami Beach stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 11 reviews in Miami Beach over the last 12 months.

Local market activity for other properties in Miami Beach

In the last 12 months, 6 other properties similar to 406/158 Ocean Drive, have been sold.

This represents a 15% increase in other properties sales when compared to the previous 12 months.

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